Income-Producing Duplex w/ garage Near the Gulf – Prime Port Richey Investment Opportunity An exceptional opportunity awaits with this newly remodeled duplex located at 8331 Wilkins St. & 5719 Berlin, Port Richey, FL 34668. Designed with investors in mind, this income-producing multi-unit property offers flexibility, strong air bnb & short term rental appeal, a highly desirable location just a short walk from the Gulf. Each unit features a 2-bedroom, 1-bath layout and has been fully updated with all-new appliances, new electrical, new plumbing, and new A/C systems. Thoughtful renovations provide modern comfort while reducing near-term maintenance concerns—an ideal setup for both short-term and long-term rental strategies. A garage adds additional value and convenience for tenants or owners. Currently operating as a busy short-term rental, this property is well positioned for continued income generation. Its proximity to the water, marinas, and boating access makes it especially appealing to vacationers and seasonal guests. Located just off Highway 19 and Ridge Road, the duplex is close to restaurants, shopping, parks, festivals, and local attractions—an excellent combination of accessibility and lifestyle appeal. With no HOA restrictions, this property allows flexibility for a variety of rental uses. Whether you’re expanding an investment portfolio or seeking a coastal property with built-in income potential, this duplex delivers location, updates, and demand. Opportunities like this don’t come along often. Schedule a private showing today and explore the potential of this well-located, income-producing property near the Gulf.
For sale
$450,000
8331 Wilkins St, Pt Richey, FL 34668
4beds
2baths
2,002sqft
Est.:
Duplex, Multi Family
Built in 1973
-- sqft lot
$429,700 Zestimate®
$225/sqft
$-- HOA
What's special
New plumbingNewly remodeled duplexNew electrical
- 112 days |
- 110 |
- 5 |
Zillow last checked:
Listing updated:
Listing Provided by:
Mary Hayward Palazzolo 727-255-4499,
EXP REALTY LLC 888-883-8509
Source: Stellar MLS,MLS#: TB8469742
Originating MLS: Sarasota - Manatee

Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Central, Electric
Cooling
- Central Air
Appliances
- Included: Convection Oven, Dishwasher, Microwave, Range, Refrigerator
- Laundry: Electric Dryer Hookup, Inside, Washer Hookup
Features
- Ceiling Fan(s), Eating Space In Kitchen, Living Room/Dining Room Combo, Primary Bedroom Main Floor, Solid Surface Counters, Thermostat
- Flooring: Luxury Vinyl
- Doors: Sliding Doors
- Has fireplace: No
Interior area
- Total interior livable area: 2,002 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Driveway, Guest, On Street
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Features
- Patio & porch: Rear Porch
- Exterior features: Rain Gutters, Storage
Lot
- Size: 7,875 Square Feet
- Features: City Lot, Near Public Transit
Details
- Additional structures: Storage
- Parcel number: 162529076.0000.00052.0
- Zoning: R2
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family
Materials
- Block, Stucco
- Foundation: Slab
- Roof: Shingle
Condition
- Completed
- New construction: No
- Year built: 1973
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: BB/HS Internet Available, Cable Available, Electricity Available, Electricity Connected, Sewer Connected, Water Available, Water Connected
Community & HOA
Community
- Pet fee: $0 monthly
- Subdivision: BAY PARK ESTATES
HOA
- Has HOA: No
Location
- Region: Pt Richey
Financial & listing details
- Price per square foot: $225/sqft
- Annual tax amount: $7,056
- Date on market: 2/1/2026
- Cumulative days on market: 84 days
- Listing terms: Cash,Conventional,FHA,VA Loan
- Ownership: Fee Simple
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
$429,700
$408,000 - $451,000
$1,663/mo
Price history
| Date | Event | Price |
|---|---|---|
| 2/1/2026 | Listed for sale | $450,000$225/sqft |
Source: eXp Realty #TB8469742 Report a problem | ||
| 1/4/2026 | Listed for rent | $2,100+20%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/13/2024 | Listing removed | $1,750$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/24/2024 | Listed for rent | $1,750$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/24/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 7/16/2024 | Listed for rent | $1,750+3.2%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/16/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 7/3/2024 | Price change | $1,695-0.3%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/3/2024 | Price change | $1,700+0.3%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/22/2024 | Listed for rent | $1,695-0.3%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/29/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 2/9/2024 | Listed for rent | $1,700+0.3%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/7/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 1/19/2024 | Price change | $1,695+5.9%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/31/2023 | Price change | $1,600-33.2%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/6/2023 | Price change | $2,395+33.1%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/5/2023 | Price change | $1,800-21.7%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/9/2023 | Price change | $2,300-4%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/7/2023 | Listed for rent | $2,395$1/sqft |
Source: Zillow Rentals Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 34668
Nearby schools
GreatSchools rating
- 2/10Richey Elementary SchoolGrades: PK-5Distance: 1.5 mi
- 3/10Chasco Middle SchoolGrades: 6-8Distance: 2 mi
- 3/10Gulf High SchoolGrades: 9-12Distance: 3.1 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Florida
- Pasco County
- Port Richey
- 34668
- 8331 Wilkins St







